SFGTV2: San Francisco Government Television
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this is what brought me to the sharing economy. what i was after was a new way to live in a way that i felt i could live fully. what excites me about sharing is how it changes every day like for the better. it empowers us. the economic shift in the new businesses of creating and exchanging value is creating a new cultural narrative. it is replacing an old legacy narrative that was toxic. it told us the go live comes from shopping and competition -- it told us the good life comes from shopping in competition, from being free from each other. we are leading ving this because it has pushed us to the brink of extinction. it has enslaved as to debt. it is boring. it is spiritually empty. there is a news story being born in san francisco. it is one where the more you contribute to the common good, the more you are respected. the better you believe in committee, the more access to what you have -- the better you behave in a community, the more access you have. instead of judging each other, we help each other and realize our greatest pote
this is what brought me to the sharing economy. what i was after was a new way to live in a way that i felt i could live fully. what excites me about sharing is how it changes every day like for the better. it empowers us. the economic shift in the new businesses of creating and exchanging value is creating a new cultural narrative. it is replacing an old legacy narrative that was toxic. it told us the go live comes from shopping and competition -- it told us the good life comes from shopping...
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really happening to the global economy. you. still. want to. welcome back to crossfire thank you to both remind you we're talking about the looming fiscal cliff. ok mark and i to go back to you in washington you want to jump in right before we went to the break go ahead but i want to talk about the bush tax cut ok go ahead mark first if i can put on my comments hat for a second here it's pretty clear what we need to do to help the american economy we don't want the fiscal cliff because in the short term we're coming out of the deep recession consumer confidence is the highest it's been since two thousand and seven i actually think housing is making a turnaround corporations are very large profits wall street is up this is the time to come out so now is not the time to cut back to do spending cuts or do tax increases i strongly agree though that in the long term we need all of that so what you need is a short term deal that protects us in the short term but definitely does deficit reduction the long term that's the economists perspective the pol
really happening to the global economy. you. still. want to. welcome back to crossfire thank you to both remind you we're talking about the looming fiscal cliff. ok mark and i to go back to you in washington you want to jump in right before we went to the break go ahead but i want to talk about the bush tax cut ok go ahead mark first if i can put on my comments hat for a second here it's pretty clear what we need to do to help the american economy we don't want the fiscal cliff because in the...
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Nov 14, 2012
11/12
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a lot of benefit in doing that for the economy. i think this is a solvable problem and we want to do as much as we can to take advantage of this opportunity to make some progress on each of those fronts. >> one thing about which there does not appear to be agreement -- that is, should the bush tax cuts on over $250,000 be extended, or should they be raised? i heard jay carney say there is no way the president will agree to anything that extends the tax cuts on the upper two brackets. that sounds like a line in the sand. is it? >> it is important to start by acknowledging that we find this encouraging that you have seen republican leaders in the last couple days explicitly embrace the recognition and support for as part of the balance of fiscal reforms a package that raises revenues. that is very important. that is very encouraging. reckoning the basic reality of how you govern a country like this in the face of the challenges we face. that is good. you know the president's position -- very simple. let's expand middle-class tax cuts
a lot of benefit in doing that for the economy. i think this is a solvable problem and we want to do as much as we can to take advantage of this opportunity to make some progress on each of those fronts. >> one thing about which there does not appear to be agreement -- that is, should the bush tax cuts on over $250,000 be extended, or should they be raised? i heard jay carney say there is no way the president will agree to anything that extends the tax cuts on the upper two brackets. that...
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risk its own fragile economy as well as the world's. elite. and you can. see a little. to cross talk the u.s. fiscal cliff i'm joined by edward harrison in washington he is the founder of credit write downs also in washington we have mark levine he is a senior advisor with the truman national security project and in new york we cross to anthony rideout so he is the director of economic research for the reason foundation are gentlemen cross-talk rules in effect that means you can jump in anytime you want and what if i go to you first in washington give us the magnitude of the fiscal cliff ok a lot is being talked about it what happens if we go over the cliff doesn't sound like something good to happen. no there you know there are three or four things that can have been terms of tax cuts and spending cuts tax increases and spending cuts and the total amount if we were to do absolutely nothing would be about six hundred billion dollars in a fifteen trillion dollars economy quite severe it would definitely go into recession would be a severe recession it would be a very bad
risk its own fragile economy as well as the world's. elite. and you can. see a little. to cross talk the u.s. fiscal cliff i'm joined by edward harrison in washington he is the founder of credit write downs also in washington we have mark levine he is a senior advisor with the truman national security project and in new york we cross to anthony rideout so he is the director of economic research for the reason foundation are gentlemen cross-talk rules in effect that means you can jump in anytime...
SFGTV2: San Francisco Government Television
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Nov 12, 2012
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i would like to clarify -- this is not us versus them, new economy versus old economy. there is room for both of us. these are complete the experiences that someone would have in the old economy. the trick is figuring out what is different about this, making sure laws and regulations and policies apply reasonably to this new economy, and make sure that there is room carved out for both. >> thanks for making that point. one more question? >> [inaudible] i'm curious if this conversation about companies devoted to schering physical space. the idea of using or facilitating, seven commercial space for nonprofits and that sort of thing. [inaudible] are there any modalities for sharing their? >> the question is there's a lot of vacant commercial space that could be mobilized for civil society, so is there a way to do that? >> i know of one company, loose cubes. i'm sure there's others that many of you know there. >> i see mark in the audience there. do you want to explain what liquid space does? i think it answers the question, actually. >> [inaudible] [laughter] >> mark reall
i would like to clarify -- this is not us versus them, new economy versus old economy. there is room for both of us. these are complete the experiences that someone would have in the old economy. the trick is figuring out what is different about this, making sure laws and regulations and policies apply reasonably to this new economy, and make sure that there is room carved out for both. >> thanks for making that point. one more question? >> [inaudible] i'm curious if this...
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the global economy with. global financial headlines. this was the plan that was responsible for causing the. condition where it had become a source of the most recent study that was done shows that this water pollution and spreading. unpunished. if blind chance to be soon which brightened a few moments from phones to christians. who scream stunts on t.v. don't come. to me speak your language. programs and documentaries in arabic it's all here on all t.v. reporting from the world's hotspots seventy ip interviews intriguing stories for you to. see been trying. to find out more visit our big teeth don't call. the phones. if you. still. want to. welcome back across time people go to mind you were talking about the looming fiscal cliff. ok mark and i to go back to you in washington you want to jump in right before we went to the break go ahead but i want to talk about the bush tax cut ok go ahead mark first if i can put on my comments hat for a second here it's pretty clear what we need to do to help the american economy we don't want the fi
the global economy with. global financial headlines. this was the plan that was responsible for causing the. condition where it had become a source of the most recent study that was done shows that this water pollution and spreading. unpunished. if blind chance to be soon which brightened a few moments from phones to christians. who scream stunts on t.v. don't come. to me speak your language. programs and documentaries in arabic it's all here on all t.v. reporting from the world's hotspots...
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Nov 9, 2012
11/12
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KQED
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economy, economists worry that, as the global economy slows down, u.s. exports may follow suit. hurricane sandy showed up in the latest report on jobless claims, making them artificially low. initial claims for unemployment benefits dropped by 8,000 to a seasonally adjusted 355,000 at the end of last week. the number is expected to be revised higher as more data is collected. the labor department says one state filed fewer claims because of power outages, while the storm boosted claims in other states where more people looking for relief. later in the program, we'll look at sandy's impact on retailers. >> tom: the biggest bank in america has the okay now from uncle sam to pay back shareholders. jpmorgan will be allowed to restart a stock buyback plan early next year. like all systemically important banks jpmorgan has to get regulatory approval to change its dividend or stock-repurchase plan. the regulators want banks to have enough financial firepower to withstand troubled times before the banks will spend money on share holders. jpmorgan's buyback strategy was suspended this ye
economy, economists worry that, as the global economy slows down, u.s. exports may follow suit. hurricane sandy showed up in the latest report on jobless claims, making them artificially low. initial claims for unemployment benefits dropped by 8,000 to a seasonally adjusted 355,000 at the end of last week. the number is expected to be revised higher as more data is collected. the labor department says one state filed fewer claims because of power outages, while the storm boosted claims in other...
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this cry of the greek economy there he said and then free foreign affair to illustrate how dire the economy is when either one of four greeks are out of work an affair for the other party elations living below the poverty line sell the question here is i mean what can be done to remedy the economy i mean what you've just sat and what's obvious the time the service does that mean that the economy is beyond repair it's certainly beyond repair give given the present situation in other words given membership of the euro it's important to understand that these measures are making the situation worse i don't just mean they're making the economy worse they're definitely making the economy worse they're making greeks the debt situation the debt ratio in greece is predicted to be one hundred ninety. percent of g.d.p. by next year that's much higher than it was with the first bailout plan was agreed and this shows that the recession that these measures are producing they are making the debt situation worse because the economy is being conforms to contract or otherwise in the words to collapse and as
this cry of the greek economy there he said and then free foreign affair to illustrate how dire the economy is when either one of four greeks are out of work an affair for the other party elations living below the poverty line sell the question here is i mean what can be done to remedy the economy i mean what you've just sat and what's obvious the time the service does that mean that the economy is beyond repair it's certainly beyond repair give given the present situation in other words given...
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Nov 11, 2012
11/12
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WJLA
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economy. >>> what will a second term for president obama mean to the economy? will we see compromise or fall over the fiscal cliff? joining me are two former top presidential advisers. laura tyson, chair of the economic advisers then for president clinton and marty feldstein who held the same title under president reagan. laura, marty great to have you on the program. thank you for spending the time today. >> thahank you. >> good to be with you. >> marty, both sides appear to be extending an olive branch when with it comes to the fiscal cliff. do you think we will reach a compromise? and if so how and when? >> i hope so. the consequence of not reaching the compromise for t american and world economy next year would be disastrous. we would be talking about very deep recession if we went over the cliff and didn't quickly bounce back from it. >> laura, you think there is a two-part solution. what do you mean by that? >> we have the fiscal cliff an a need to get a long-run compromise plan on deficit reduction over the next decade. i think we have to be realistic, t
economy. >>> what will a second term for president obama mean to the economy? will we see compromise or fall over the fiscal cliff? joining me are two former top presidential advisers. laura tyson, chair of the economic advisers then for president clinton and marty feldstein who held the same title under president reagan. laura, marty great to have you on the program. thank you for spending the time today. >> thahank you. >> good to be with you. >> marty, both sides...
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Nov 12, 2012
11/12
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CNBC
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economy. >>> what will a second term for president obama mean to the economy? will we see compromise? or will we fall over the fiscal cliff? joining me now, two former top presidential advisers. laura tiesson, chair of economic advisers for clinton and marty feld stein under president reagan. thanks so much for spending the time today. >> thank you. >> good to be with you. >> so marty, both sides appear to be extending an olive branch when it comes to this fiscal cliff. do you think we will actually reach a compromise, and if so, how and when? >> sure hope so. because the consequence of not reaching a compromise for the american economy, the world economy, next year, would really be disastrous. we would be talking about a very deep recession. if we went over the cliff and didn't quickly bounce back from it. >> laura, you think there is a two-part solution, right? what do you mean by that? >> well, what i mean by that is we have the fiscal cliff, and then we have the need to get a long run compromise plan on deficit reduction over the next decade. i think we hav
economy. >>> what will a second term for president obama mean to the economy? will we see compromise? or will we fall over the fiscal cliff? joining me now, two former top presidential advisers. laura tiesson, chair of economic advisers for clinton and marty feld stein under president reagan. thanks so much for spending the time today. >> thank you. >> good to be with you. >> so marty, both sides appear to be extending an olive branch when it comes to this fiscal...
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economy next year and an increase in the jobless rate to nine point one percent by the end of two thousand and thirteen at seven point nine percent now and a deal to avert this would mean a deficit five hundred three billion dollars higher than it would otherwise have been in fiscal year two thousand and thirteen now this is all according to a new congressional budget office report this was a supposedly nonpartisan research arm for congress keep in mind these are the folks that a few months ago said growth will average four point three percent from two thousand and fourteen through two thousand and seventeen a rate the u.s. hasn't seen for more than a decade but who knows pigs can fly maybe they'll fly off the fiscal cliff we don't know but the political rhetoric has started flying back and forth that's for sure house speaker john boehner today said this we're spending a trillion dollars more than what we. continue to do that. this is year two the twenty four of your demographic bubble. was one anyone could see it coming. baby boomers won't be returning never do. a demographic bubble now o
economy next year and an increase in the jobless rate to nine point one percent by the end of two thousand and thirteen at seven point nine percent now and a deal to avert this would mean a deficit five hundred three billion dollars higher than it would otherwise have been in fiscal year two thousand and thirteen now this is all according to a new congressional budget office report this was a supposedly nonpartisan research arm for congress keep in mind these are the folks that a few months ago...
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it all sort of takes energy out of the economy and so at the end of the day they're going to do this short term remedy but it leaves us with an even larger government compared to the size of the private sector and it's just all bad news for the economy but what i'm amazed it is suddenly this if this fiscal cliff appeared the day after election day right as events have been and we have been there right it's been there for a decade now right right so then my question to you mike ok people may not agree on the solutions in the fiscal cliff they may not agree on not extending these these tax cuts they may not agree on these particular spending cuts that are from the sequester ation but one going off the fiscal cliff at least start to chip away at this cancer even if we can agree on this being the best solution to do that yes it would i would argue that we did step off the fiscal cliff and we've been in freefall ever since the bush tax cuts and we passed medicare part d. back in two thousand and one to two thousand and three is when all of these events that took place that created this cl
it all sort of takes energy out of the economy and so at the end of the day they're going to do this short term remedy but it leaves us with an even larger government compared to the size of the private sector and it's just all bad news for the economy but what i'm amazed it is suddenly this if this fiscal cliff appeared the day after election day right as events have been and we have been there right it's been there for a decade now right right so then my question to you mike ok people may not...
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were to do absolutely nothing would be about six hundred billion dollars in a fifteen trillion dollar economy quite severe it would definitely go into recession would be a severe recession it would be a very bad thing for the economy ok mark how do you come into this i mean hasn't the market price this into some degree i don't leave a price to us going over the cliff i think they think i think most americans think a deal will be made eventually it may happen a day before christmas but i think we will come to a deal myself but we may not and there's a real possibility we may not particularly if the republicans don't budge from the policy they've taken for the last two years ok anthony where do you jim been known this well i don't think that the problems are as severe as we're talking about or is largely talked about at least in terms of the direct impact of the fiscal cliff it certainly is going to have an impact on the economy having that much spending reduced certainly will have some kind of near term impact but because of all the other problems in the economy the fact that housing has been
were to do absolutely nothing would be about six hundred billion dollars in a fifteen trillion dollar economy quite severe it would definitely go into recession would be a severe recession it would be a very bad thing for the economy ok mark how do you come into this i mean hasn't the market price this into some degree i don't leave a price to us going over the cliff i think they think i think most americans think a deal will be made eventually it may happen a day before christmas but i think...
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Nov 9, 2012
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today, archaeologists struggle to reconstruct the economies of the ancient world, because an economy is essential to any society, past or present. to understand the evolution of economies is to better understand people of all places and of all times. captions by captionamerica, pittsburgh, pa. funding for this program was provided by...
today, archaeologists struggle to reconstruct the economies of the ancient world, because an economy is essential to any society, past or present. to understand the evolution of economies is to better understand people of all places and of all times. captions by captionamerica, pittsburgh, pa. funding for this program was provided by...
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Nov 16, 2012
11/12
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>> my interest is in seeing the economy repaired. he has been great for me to serve the president in this capacity. it is a tremendous opportunity to use our training, to be in a position to provide objective device to the president, which is what he asked for. he told me to stay out of the politics and give him objective advice. >> the president has said he would like to protect the middle class. the middle class would be much lower than the 250,000 dollar number. -- 250,000 dollars number. why not get rid of the tax cuts for people with incomes of 100,000 because they are presumably middle-class. >> there are a lot of definitions of the middle class. one way of thinking about this issue is, we have had an opportunity gap in this country. that goes back more than one decade. people who were not born in fortunate circumstances have a greater challenge is moving upward in the american economy. that has taken place for a number of reasons related to technology and globalization. what i think is important about our proposals is that by
>> my interest is in seeing the economy repaired. he has been great for me to serve the president in this capacity. it is a tremendous opportunity to use our training, to be in a position to provide objective device to the president, which is what he asked for. he told me to stay out of the politics and give him objective advice. >> the president has said he would like to protect the middle class. the middle class would be much lower than the 250,000 dollar number. -- 250,000...
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what's really happening to the global economy my extremes are no holds barred look at the global. headlines tune in to conjure reports. on the song choice for. one shoot despite. all you've done for you. is the truth on the most reliable of the twentieth century. legend. calls. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm trying hard is a big. welcome back we're talking to mike maloney author and founder of gold silver dot com about the fiscal cliff what happens if we go off it why we shouldn't go off it why not do it start cutting the cancer that is so large in this country of government spending so let's bring michael let me back in because before the break we were talking about misallocation of capital and the government's misallocation of capital if we're trusting them to redistribute wealth to get the economy going one question i do have so in the example you gave of sending workers to go build trail's
what's really happening to the global economy my extremes are no holds barred look at the global. headlines tune in to conjure reports. on the song choice for. one shoot despite. all you've done for you. is the truth on the most reliable of the twentieth century. legend. calls. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm...
SFGTV2: San Francisco Government Television
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Nov 10, 2012
11/12
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there is no textbook definition of the sharing economy. we will then begin the panel discussion which will last for 45 minutes or an hour, however long you want it to last. before i dived in here, raise your hand if you are familiar with at least one of these books. i highly recommend all of them. the one on the end is coming out in may. "share or die" -- i do not recommend that for marketing, but for a cause, we're trying to push a boundary and break a trail for new companies to follow. that is our perspective about what is at stake on a planet of finite resources with a growing population and growing per capita consumption. it should be obvious that we should be talking about sharing. this is a gigantic hole in our public dialogue. this panel and the working group and hopefully the book can fix that. see how this works. we face disaster unless we simultaneously reduce resource consumption and raise two million people out of poverty.
there is no textbook definition of the sharing economy. we will then begin the panel discussion which will last for 45 minutes or an hour, however long you want it to last. before i dived in here, raise your hand if you are familiar with at least one of these books. i highly recommend all of them. the one on the end is coming out in may. "share or die" -- i do not recommend that for marketing, but for a cause, we're trying to push a boundary and break a trail for new companies to...
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Nov 8, 2012
11/12
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CNBC
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bush, not obama, for the economy. and according to exit polls, 40% of voters believe the economy is getting better. plus, and here's where i really missed it, of those who do worry most about the economy, they split their vote evenly between obama and romney. in fact, the same on budget deficits. mitt romney apparently did not make the sale. now, voters do oppose tax hikes according to these polls and they did trust romney more on keeping taxes down. but interestingly, they trusted obama more in getting unemployment down. and here too mitt romney did not make the economic growth sale. two other quick points. first, romney lost the hispanic point by 40 points. 70-30. devastating. as i have repeatedly said down through the years, if the gop doesn't develop a more compassionate and opportunity-centered immigration policy, it is never going to win another presidential election in my lifetime. and finally, hurricane sandy, a huge october surprise. listen to this. 64% of voters cited it as an important factor with 62% of th
bush, not obama, for the economy. and according to exit polls, 40% of voters believe the economy is getting better. plus, and here's where i really missed it, of those who do worry most about the economy, they split their vote evenly between obama and romney. in fact, the same on budget deficits. mitt romney apparently did not make the sale. now, voters do oppose tax hikes according to these polls and they did trust romney more on keeping taxes down. but interestingly, they trusted obama more...
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economy forward the positives are low energy prices the export sector some other sectors of the economy they're doing relatively well but if the job market doesn't come back lauren then that's what's really going to weigh on housing people renting instead of buying and then that's going to be a very tough situation to just soak up all of that inventory that we have and so many of these markets will speaking of ever i mean that's one of the things that we here are private equity investors getting in buying houses to rent them kind of a new way to say are desperate strategy. a lot of talk behind this and i know there is actually you say in some markets this private equity money is actually creating bubbles but that can this kind of money this kind of homebuyer fuel a recovery because in the past it hasn't been investors or even first time buyers that have driven the bread and butter of housing in the us hasn't been just mortgage homeowners that move every six to eight years into another home yes and no i mean if you looked at florida if you look at arizona those markets there was a lot of
economy forward the positives are low energy prices the export sector some other sectors of the economy they're doing relatively well but if the job market doesn't come back lauren then that's what's really going to weigh on housing people renting instead of buying and then that's going to be a very tough situation to just soak up all of that inventory that we have and so many of these markets will speaking of ever i mean that's one of the things that we here are private equity investors...
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and the economy what does what do we mean when we talk about the economy the economy is workers and the economy is the people who were and who spend and if you cut in basically the areas that allow people to work to be contracted to be employed or that allow people to spend then that's really not going to help the economy what is going to help the economy it's a bailout citizens and to bail out not banks and not financial institutions and not kleptocratic elite but bail out citizens who can then spend money and again stimulate the economy in their favor i mean there's it's not something i can explain in minute to minute interview but there are alternatives that have been proposed by organizations all over the world for years carlos thanks a lot for the coastal sociologist to put fabric university in spain what is a promise to a little earlier would be crossing live to our correspondent sara first and she joins me now. getting some strong images from where you are at the moment tell us what is the latest situation. where you can see some dull clouds hanging the city here the mavens a
and the economy what does what do we mean when we talk about the economy the economy is workers and the economy is the people who were and who spend and if you cut in basically the areas that allow people to work to be contracted to be employed or that allow people to spend then that's really not going to help the economy what is going to help the economy it's a bailout citizens and to bail out not banks and not financial institutions and not kleptocratic elite but bail out citizens who can...
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leaders about these so-called fiscal cliff republicans put aside partisanship to save the american economy or are we just forty eight days away from falling into total economic despair also riots again erupted in greece as the greeks continued to protest the austerity measures that are destroying their country is america out of the woods when it comes to austerity policies or is there a chance republicans will still force those crippling policies down our throats and where the newly elected congress gets under way the house will still be controlled by republicans in the senate will still be controlled by democrats what did republicans across america do in twenty one to keep as many democrats as possible out of the halls of congress and what effect did it have on this year's election. you need to know this it's time to tax the rich that's the essence of what vice president joe biden said following the democrats' big wins on election night speaking to a pool of reporters on wednesday biden said democrats clearly have a mandate on tax reform and this issue of taxes will have to be settled soo
leaders about these so-called fiscal cliff republicans put aside partisanship to save the american economy or are we just forty eight days away from falling into total economic despair also riots again erupted in greece as the greeks continued to protest the austerity measures that are destroying their country is america out of the woods when it comes to austerity policies or is there a chance republicans will still force those crippling policies down our throats and where the newly elected...
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Nov 10, 2012
11/12
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FOXNEWS
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bad for the short-term economy. captital gains and dividends tax is raised it will be bad for the stotock market. >> investors will be discouraged from paying in to the stocks especially those with the dividends. >> as stupid as congress is. they have to do something about it and reach across the aisle and eventually find a solution for this. john makes a point about this in the sense that there is it of course in a 401 k your cash does grow without taxes and sooner or later it is taxes. >> the point you are making is good. you will have to look for something else and the stock market will suffer. it is uncertainty. >> and going back to the value of these tocks. they are going down. >> that's the concern . we need to be clear that dividendses . it is it a dividends tax. and when they figure it out and they will. let's be clear. we are jumpinglet gun here. they are. they got to compromise and i have to be marsha brady on this and believe in a compromise. go revisit and reallocate it. >> johnathon. >> viewers are in a
bad for the short-term economy. captital gains and dividends tax is raised it will be bad for the stotock market. >> investors will be discouraged from paying in to the stocks especially those with the dividends. >> as stupid as congress is. they have to do something about it and reach across the aisle and eventually find a solution for this. john makes a point about this in the sense that there is it of course in a 401 k your cash does grow without taxes and sooner or later it is...
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Nov 10, 2012
11/12
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FOXNEWSW
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. >> why do they see a sour economy? >> government is growing bigger and stephan, about 24%, study after study has shown, as government takes over a bigger percentage of gdp, it surely will, faster than perceived or forecast at gdp growth, it crowds out private investor and growth period in the economy, slower growth means fewer jobs, that's why you see the list we had at the beginning and why the list will grow longer as the weeks unfold. >> okay, tobin, the next four years, bigger government, what's it mean for the unemployment rate? >> well, brenda, you know, that if bigger government meant for more employment, california and france would have the most vital economies in the world. i've been in a lot of different parts of the country speaking with small business people and you know, my conference of course, drew millions. the exciting one that they couldn't get to get to. (laughter) the lecture how to keep your company below 49 employees and avoid obamacare, and i listened to the guy talk and the number one conclusion
. >> why do they see a sour economy? >> government is growing bigger and stephan, about 24%, study after study has shown, as government takes over a bigger percentage of gdp, it surely will, faster than perceived or forecast at gdp growth, it crowds out private investor and growth period in the economy, slower growth means fewer jobs, that's why you see the list we had at the beginning and why the list will grow longer as the weeks unfold. >> okay, tobin, the next four years,...
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no i don't think that it can and here's why the economy that we're living in even post recession and post financial crisis we're still looking for the same things to fuel an economic recovery it's very much built on consumer spending and that consumer spending is very much built on consumers taking out more and more debt getting a mortgage to buy a house going and buying a big screen t.v. maybe taking out a credit card or putting some of it on a credit card to do that so as long as that's what's fueling the economy i mean this is always going to be an issue that comes up again and again and again so until you would. press that our economy is so built on consumer spending and we haven't seen wages rise we haven't seen incomes go up in order to afford more and more spending households are still paying down debt the number that not cited or anastasio cited the eleven trillion dollars you take mortgages out of that that's still two point seven trillion dollars and us consumer debt for things like student loans automobiles credit cards so households are still so over indebted is adding mo
no i don't think that it can and here's why the economy that we're living in even post recession and post financial crisis we're still looking for the same things to fuel an economic recovery it's very much built on consumer spending and that consumer spending is very much built on consumers taking out more and more debt getting a mortgage to buy a house going and buying a big screen t.v. maybe taking out a credit card or putting some of it on a credit card to do that so as long as that's...
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number one number two it's objective fact market economy open economy needs more open society i mean it's obvious chinese leaders realize they realize most pressure from inside and they realize that it's necessary and that's what they talk about and mr jintao said that by the be the law of the this century china will be a really democratic country he's got to do tower is he is he. disappearing or easy just stepping out of the spotlight into the shades head or will he continue to challenge influence well before the last time when the huge power of course when mr hu jintao replaced mr jones immediately and held the military highest military position the central military committee of the home by the end of the state this time mr hu jintao already announced he's not going to stage this head of the military which is very important you have. for power you have for government power and. you know i mean it's not if i'm sorry but. the military the the the the rule of the military is increasing in china is a true well it's been strong all the time and now they want more power more money becaus
number one number two it's objective fact market economy open economy needs more open society i mean it's obvious chinese leaders realize they realize most pressure from inside and they realize that it's necessary and that's what they talk about and mr jintao said that by the be the law of the this century china will be a really democratic country he's got to do tower is he is he. disappearing or easy just stepping out of the spotlight into the shades head or will he continue to challenge...
WHUT (Howard University Television)
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for women it is the economy. we have four years of what president obama has put out there. he's been the president, he's been our leader. and today with the new jobs report 7.9% this is not the new normal. we cannot have unemployment. the president told us that after he put in the stimulus we'd down to 5.6% unemployment. where is that? >> correction. the number of jobs exceeded what had been predicted and you are going to have the unemployment rate to tick back up a little bit. every time the economy looks good more people go on -- >> last -- >> 23 million unemployed. >> last word on this topic then on to the ground game. >> one of the greatest issues of our time, right now in our age, mitt romney has come out squarely on the side of greater income and equality stratification between very wealthiest and majority of people in this country. i think another piece that gloria stein ham noted that the pay tax -- women get equal pay in the workplace that we close that wage gap consistently 77% would be automatic economic stimulus. more than three quarters voters support that. mit
for women it is the economy. we have four years of what president obama has put out there. he's been the president, he's been our leader. and today with the new jobs report 7.9% this is not the new normal. we cannot have unemployment. the president told us that after he put in the stimulus we'd down to 5.6% unemployment. where is that? >> correction. the number of jobs exceeded what had been predicted and you are going to have the unemployment rate to tick back up a little bit. every time...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our.
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our.
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to go spend more money exactly right to pump it into the economy not see a really really quickly we don't have a lot of time but i know that the do believe there are big event is coming up let's look forward to there oh it's going to be you know really fabulous events this thursday this thursday evening there's lots of artists performers they're really trying to have fun with it it's a variety show they're going to be streaming it online and we'll certainly be there to make sure to bring our viewers exactly what happens that evening and how much money they were looking forward to your coverage there and. thanks to the both of you for weighing in and that was lauren lyster she's the host of capital account and our correspondent on the stasi turkana. also let aaron eilerts he's so general petraeus has a mistress why should you care well it could speak volumes about internet privacy we'll tell you how this sex scandal is triggering a serious debate about u.s. surveillance. and. here's mitt romney trying to figure out the name of that thing that many americans call i don't know. i'm sor
to go spend more money exactly right to pump it into the economy not see a really really quickly we don't have a lot of time but i know that the do believe there are big event is coming up let's look forward to there oh it's going to be you know really fabulous events this thursday this thursday evening there's lots of artists performers they're really trying to have fun with it it's a variety show they're going to be streaming it online and we'll certainly be there to make sure to bring our...
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that's the way an economy works. this notion of job craig creators being the very, very wealthy is absurd. it doesn't work -- a trickle down economics has been shown to be completely false. >> eliot: fascinating just last week, a couple of days ago the congressional research service, a nonideological straight down the middle analytical outfit did a report that concluded that. the republicans insisted they pull the report because they said it must be flawed. of course, it wasn't. it was the data proving exactly what you've just said, professor. >> they don't want to look at the data. it is like their theory of evolution and global warming. they refuse to look at the data. the economics are very, very clear. trickle down economics is bunk. the rich do not create jobs. you have to have a large buoyant middle class with money in their pockets to turn around and buy. that creates jobs. >> eliot: all right. one question, has the white house called you yet and said we want you back to be the chairman of the economic advisor
that's the way an economy works. this notion of job craig creators being the very, very wealthy is absurd. it doesn't work -- a trickle down economics has been shown to be completely false. >> eliot: fascinating just last week, a couple of days ago the congressional research service, a nonideological straight down the middle analytical outfit did a report that concluded that. the republicans insisted they pull the report because they said it must be flawed. of course, it wasn't. it was...
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find out what's really happening to the global economy. financial headlines to name two kinds of reports. this give me can i speak with you sir let me just play by sort of died in your i don't agree you don't agree with. my son isn't isn't in there enough i don't know what his coffee when he's trying to argue fair. country. countries i'm curious. to help you. find in so many old says war.
find out what's really happening to the global economy. financial headlines to name two kinds of reports. this give me can i speak with you sir let me just play by sort of died in your i don't agree you don't agree with. my son isn't isn't in there enough i don't know what his coffee when he's trying to argue fair. country. countries i'm curious. to help you. find in so many old says war.
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he insists his planned reforms will turn the economy around. but in a high-profile blow to those presidents, gerard is the latest frenchman to flee the country because of the high income tax increase. stephane has more in paris. as we look at some pictures, how has this gone down in the rest of france? are they viewing this as a criticism of the french tax system or of him? >> it's all about francois hollande. he explained the policy of the government, including fiscal policy. there's not much room for depardieu this morning. but it's not a big surprise. it's one less paying taxes in france as a result of the new tax policy implemented by the socialist government. it's a report from the belgium newspaper, which is reporting that gerard depardieu brought a property in a small village located just by the french border, and plans to escape the tax implemented by the government. the mayor of the village was unable to confirm that gerard depardieu bought a home in the village. it wouldn't be surprising, though, because this small village already has
he insists his planned reforms will turn the economy around. but in a high-profile blow to those presidents, gerard is the latest frenchman to flee the country because of the high income tax increase. stephane has more in paris. as we look at some pictures, how has this gone down in the rest of france? are they viewing this as a criticism of the french tax system or of him? >> it's all about francois hollande. he explained the policy of the government, including fiscal policy. there's not...